GMS 450 Lecture Notes - Lecture 5: Critical Path Method, Longest Path Problem, Gantt Chart

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Pert and cpm networks: pert and cpm developed independently in 1950s, program evaluation and review technique (pert) is a statistical tool. By a ream from us navy, booz-allen hamilton, and lockheed aircraft. Probabilistic activity durations: critical path method (cpm) By morgan walker from dupont de nemours inc. Includes both time and cost estimates to allow time/cost trade-offs: both employ networks to schedule and display task sequences. The language of pert/cpm: activity: a task or set of tasks required by the project and use resources and time, event: an identifiable state resulting from completion of one or more activities. Predecessor activities must be completed: milestones: identifiable and noteworthy events that mark significant progress, for example. Deliverables that meet deadlines can be milestones. It is also the completion time of the path. Clear the floor area near the wall and cover it. Clean dirt, oil, stain from the wall. Fill and smooth any cracks or holes in the wall.

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